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In monopsony models of the labour market either a minimum wage or an employment subsidy financed by a lump sum tax on profits can achieve the efficient level of employment and output. Incorporating working conditions into a monopsony model where higher wages raise firm labour supply, but less...
Persistent link: https://www.econbiz.de/10010277067
poverty, covering 21 European countries with a national minimum wage and three US States (New Jersey, Nebraska and Texas). It … or exceed the EU's at-risk-of poverty threshold, set at 60 per cent of median equivalent household income in each country … what minimum wage policies alone can achieve in the fight against in-work poverty. The route of raising minimum wages to …
Persistent link: https://www.econbiz.de/10010282582
market regulations such as minimum wage legislation because they constrain job creation and hence increase poverty. On the … poverty. We take advantage of a complex minimum wage system in a poor country that has been exposed to the forces of … globalization to test whether minimum wages are an effective poverty reduction tool in this environment. We find the net effect of …
Persistent link: https://www.econbiz.de/10010284546
scholastic performance in five Asian countries (Azerbaijan, Indonesia, Kazakhstan, the Kyrgyz Republic, and Thailand). In the …
Persistent link: https://www.econbiz.de/10010507370
In Germany, there is a vivid political debate on introducing a general statutory minimum wage. In this paper, we study the effects of minimum wages on labor supply using a structural household model where we distinguish between married and single households. In the model, labor supply of married...
Persistent link: https://www.econbiz.de/10010289898
Can public policy interfere with culture, such as beliefs and norms of cooperation? We investigate his question by evaluating the interactions between the State and the Civil Society, focusing on the labor market. International data shows a negative correlation between union density and the...
Persistent link: https://www.econbiz.de/10010268716
This paper provides a meta-analysis of 55 empirical studies estimating the employment effects of minimum wages in 15 industrial countries. It strongly confirms the notion that the effects of minimum wages are heterogeneous between countries. As possible sources of heterogeneity, it considers the...
Persistent link: https://www.econbiz.de/10010269767
This paper provides a meta-analysis of 55 empirical studies estimating the employment effects of minimum wages in 15 industrial countries. It strongly confirms the notion that the effects of minimum wages are heterogeneous between countries. As possible sources of heterogeneity, it considers the...
Persistent link: https://www.econbiz.de/10010271470
In this study, the opinions of operating enterprises regarding the minimum wage policy are studied with the use of ordered logit regression model. The study uses survey data that asked a series of questions dealing with labor market policies in the Philippines. The aim of this regression model...
Persistent link: https://www.econbiz.de/10010275095
Labour market incomes have been a major contributor to the important fall in inequality in Latin America during the 2000s. Indeed, it was the main contributor in countries where inequality fell more dramatically. A proper understanding of the workings of the labour market is necessary to...
Persistent link: https://www.econbiz.de/10010319926